crypto research ltd
crypto research ltd Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
6th floor one london wall, london, EC2Y 5EB
Website
cryptofundresearch.comcrypto research ltd Estimated Valuation
Pomanda estimates the enterprise value of CRYPTO RESEARCH LTD at £6.3m based on a Turnover of £5.3m and 1.18x industry multiple (adjusted for size and gross margin).
crypto research ltd Estimated Valuation
Pomanda estimates the enterprise value of CRYPTO RESEARCH LTD at £0 based on an EBITDA of £-8.2m and a 7.78x industry multiple (adjusted for size and gross margin).
crypto research ltd Estimated Valuation
Pomanda estimates the enterprise value of CRYPTO RESEARCH LTD at £65.5m based on Net Assets of £33.4m and 1.96x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Crypto Research Ltd Overview
Crypto Research Ltd is a live company located in london, EC2Y 5EB with a Companies House number of 09076636. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 2014, it's largest shareholder is payward inc. with a 100% stake. Crypto Research Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with declining growth in recent years.
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Crypto Research Ltd Health Check
Pomanda's financial health check has awarded Crypto Research Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £5.3m, make it larger than the average company (£1.2m)
£5.3m - Crypto Research Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (7.9%)
-17% - Crypto Research Ltd
7.9% - Industry AVG
Production
with a gross margin of 82.4%, this company has a lower cost of product (41.7%)
82.4% - Crypto Research Ltd
41.7% - Industry AVG
Profitability
an operating margin of -155.8% make it less profitable than the average company (6.4%)
-155.8% - Crypto Research Ltd
6.4% - Industry AVG
Employees
with 52 employees, this is above the industry average (15)
52 - Crypto Research Ltd
15 - Industry AVG
Pay Structure
on an average salary of £167.9k, the company has a higher pay structure (£34.5k)
£167.9k - Crypto Research Ltd
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £101.8k, this is equally as efficient (£104.4k)
£101.8k - Crypto Research Ltd
£104.4k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (31 days)
11 days - Crypto Research Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (40 days)
11 days - Crypto Research Ltd
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Crypto Research Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (38 weeks)
4 weeks - Crypto Research Ltd
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.5%, this is a higher level of debt than the average (48.1%)
71.5% - Crypto Research Ltd
48.1% - Industry AVG
CRYPTO RESEARCH LTD financials
Crypto Research Ltd's latest turnover from December 2023 is £5.3 million and the company has net assets of £33.4 million. According to their latest financial statements, Crypto Research Ltd has 52 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,291,987 | 14,417,611 | 29,269,537 | 9,203,291 | 7,222,592 | ||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 931,674 | 2,907,615 | 8,109,107 | 514,993 | 305,646 | ||||
| Gross Profit | 4,360,313 | 11,509,996 | 21,160,430 | 8,688,298 | 6,916,946 | ||||
| Admin Expenses | 12,604,650 | 19,862,692 | -200,326 | -812,314 | 4,047,608 | ||||
| Operating Profit | -8,244,337 | -8,352,696 | 21,360,756 | 9,500,612 | 2,869,338 | ||||
| Interest Payable | 82 | 35,458 | |||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -1,077,268 | -8,388,154 | 21,360,856 | 9,500,612 | 2,869,338 | ||||
| Tax | -52,279 | 3,009,168 | -1,789,671 | -1,985,373 | -308,199 | ||||
| Profit After Tax | -1,129,547 | -5,378,986 | 19,571,185 | 7,515,239 | 2,561,139 | ||||
| Dividends Paid | |||||||||
| Retained Profit | -1,129,547 | -5,378,986 | 19,571,185 | 7,515,239 | 2,561,139 | ||||
| Employee Costs | 8,731,108 | 8,011,047 | 7,068,338 | 3,235,616 | 2,277,319 | ||||
| Number Of Employees | 52 | 52 | 41 | 28 | 23 | 1 | |||
| EBITDA* | -8,227,863 | -8,332,242 | 21,392,941 | 9,521,319 | 2,888,221 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,095 | 19,570 | 24,444 | 55,545 | 68,687 | ||||
| Intangible Assets | |||||||||
| Investments & Other | 6,711,747 | 410,000 | |||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 3,095 | 19,570 | 24,444 | 55,545 | 68,687 | 6,711,747 | 410,000 | ||
| Stock & work in progress | 53,357,303 | ||||||||
| Trade Debtors | 169,526 | 161,693 | 43,190 | 12,412 | 94,219 | 62,941 | |||
| Group Debtors | 17,745,911 | 33,079,212 | 3,949,615 | 560,628 | 60,047 | ||||
| Misc Debtors | 5,897,452 | 7,975,229 | 3,213,273 | 218,595,211 | 51,621,219 | 1,844 | 1,597,474 | 355,257 | |
| Cash | 7,798,399 | 10,287,449 | 12,884,776 | 9,300,649 | 7,134,421 | 6,373,777 | 21,933 | 644,002 | 6,524 |
| misc current assets | 85,347,162 | 77,689,973 | 466,738,055 | ||||||
| total current assets | 116,958,450 | 129,193,556 | 540,186,212 | 228,468,900 | 58,909,906 | 6,375,621 | 1,209,407 | 999,259 | 69,465 |
| total assets | 116,961,545 | 129,213,126 | 540,210,656 | 228,524,445 | 58,978,593 | 13,087,368 | 1,619,407 | 999,259 | 69,465 |
| Bank overdraft | 5,676 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 30,428 | 108,882 | 193,337 | 28,237 | 38,878 | 361 | 730 | 3,001 | 57,368 |
| Group/Directors Accounts | 1,270,557 | 16,379,348 | 36,825,814 | 13,769,030 | 982,271 | 5,664,167 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 82,269,550 | 3,160,376 | 1,925,363 | 197,105,907 | 47,848,290 | 1,783 | 603,049 | 53,127 | |
| total current liabilities | 83,570,535 | 19,648,606 | 38,944,514 | 210,903,174 | 48,875,115 | 5,666,311 | 603,779 | 56,128 | 57,368 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 76,353,521 | 463,518,000 | 83,842 | ||||||
| provisions | 7,364 | 4,810 | |||||||
| total long term liabilities | 76,353,521 | 463,518,000 | 7,364 | 4,810 | 83,842 | ||||
| total liabilities | 83,570,535 | 96,002,127 | 502,462,514 | 210,910,538 | 48,879,925 | 5,666,311 | 603,779 | 56,128 | 141,210 |
| net assets | 33,391,010 | 33,210,999 | 37,748,142 | 17,613,907 | 10,098,668 | 7,421,057 | 1,015,628 | 943,131 | -71,745 |
| total shareholders funds | 33,391,010 | 33,210,999 | 37,748,142 | 17,613,907 | 10,098,668 | 7,421,057 | 1,015,628 | 943,131 | -71,745 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -8,244,337 | -8,352,696 | 21,360,756 | 9,500,612 | 2,869,338 | ||||
| Depreciation | 16,474 | 20,454 | 32,185 | 20,707 | 18,883 | ||||
| Amortisation | |||||||||
| Tax | -52,279 | 3,009,168 | -1,789,671 | -1,985,373 | -308,199 | ||||
| Stock | -53,357,303 | 53,357,303 | |||||||
| Debtors | -17,403,245 | 34,010,056 | -211,962,173 | 167,392,766 | 51,773,641 | -1,595,630 | 1,242,217 | 292,316 | 62,941 |
| Creditors | -78,454 | -84,455 | 165,100 | -10,641 | 38,517 | -369 | -2,271 | -54,367 | 57,368 |
| Accruals and Deferred Income | 79,109,174 | 1,235,013 | -195,180,544 | 149,257,617 | 47,846,507 | -601,266 | 549,922 | 53,127 | |
| Deferred Taxes & Provisions | -7,364 | 2,554 | 4,810 | ||||||
| Cash flow from operations | 88,153,823 | 15,174,731 | -16,814,668 | -10,607,290 | -1,303,785 | ||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -6,711,747 | 6,301,747 | 410,000 | ||||||
| cash flow from investments | 6,711,747 | ||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -15,108,791 | -20,446,466 | 23,056,784 | 12,786,759 | -4,681,896 | 5,664,167 | |||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -76,353,521 | -387,164,479 | 463,518,000 | -83,842 | 83,842 | ||||
| share issue | |||||||||
| interest | -82 | -35,458 | |||||||
| cash flow from financing | -90,152,836 | -406,804,560 | 487,137,834 | 12,786,759 | -4,565,424 | ||||
| cash and cash equivalents | |||||||||
| cash | -2,489,050 | -2,597,327 | 3,584,127 | 2,166,228 | 760,644 | 6,351,844 | -622,069 | 637,478 | 6,524 |
| overdraft | -5,676 | 5,676 | |||||||
| change in cash | -2,489,050 | -2,597,327 | 3,584,127 | 2,171,904 | 754,968 | 6,351,844 | -622,069 | 637,478 | 6,524 |
crypto research ltd Credit Report and Business Information
Crypto Research Ltd Competitor Analysis
Perform a competitor analysis for crypto research ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
crypto research ltd Ownership
CRYPTO RESEARCH LTD group structure
Crypto Research Ltd has 3 subsidiary companies.
Ultimate parent company
PAYWARD INC
#0093951
1 parent
CRYPTO RESEARCH LTD
09076636
3 subsidiaries
crypto research ltd directors
Crypto Research Ltd currently has 2 directors. The longest serving directors include Mr Gary Worrall (Aug 2021) and Bivu Das (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Worrall | United Kingdom | 34 years | Aug 2021 | - | Director |
| Bivu Das | United Kingdom | 41 years | Nov 2023 | - | Director |
P&L
December 2023turnover
5.3m
-63%
operating profit
-8.2m
-1%
gross margin
82.4%
+3.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
33.4m
+0.01%
total assets
117m
-0.09%
cash
7.8m
-0.24%
net assets
Total assets minus all liabilities
Similar Companies
crypto research ltd company details
company number
09076636
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRAVITA AUDIT II LIMITED
address
6th floor one london wall, london, EC2Y 5EB
Bank
-
Legal Advisor
-
crypto research ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to crypto research ltd.
crypto research ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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crypto research ltd Companies House Filings - See Documents
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